INNOVATIVE INDL PPTYS INC

Ticker: IIPR CUSIP: 45781V101 Class: REIT

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
BlackRock, Inc.4,736,302$224,311
VANGUARD GROUP INC4,269,947$202,225
STATE STREET CORP1,605,155$79,022
CHARLES SCHWAB INVESTMENT MANAGEMENT INC540,742$25,610
GOLDMAN SACHS GROUP INC509,124$24,112
Invesco Ltd.493,507$23,372
D. E. Shaw & Co., Inc.473,046$22,403
NORTHERN TRUST CORP353,313$16,733
DIMENSIONAL FUND ADVISORS LP350,367$16,593
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.322,678$15,282
MORGAN STANLEY259,534$12,292
MILLENNIUM MANAGEMENT LLC250,053$11,843
AlphaCore Capital LLC214,282$10,148
Bank of New York Mellon Corp195,040$9,237
Legal & General Group Plc193,926$9,184
Point72 Asset Management, L.P.184,617$8,743
PRINCIPAL FINANCIAL GROUP INC184,039$8,716
JPMORGAN CHASE & CO166,226$7,872
Thrivent Financial for Lutherans142,325$7
Edgestream Partners, L.P.126,158$5,975
Pacer Advisors, Inc.115,965$5,492
LSV ASSET MANAGEMENT109,300$5
Public Sector Pension Investment Board97,106$4,599
NORGES BANK94,400$4,471
Nuveen, LLC92,361$4,374
VICTORY CAPITAL MANAGEMENT INC85,039$4,027
RHUMBLINE ADVISERS84,819$4,017
FIRST TRUST ADVISORS LP83,294$3,945
GEODE CAPITAL MANAGEMENT, LLC76,932$3,651
VIRGINIA RETIREMENT SYSTEMS ET AL72,550$3,436
TrueWealth Advisors, LLC71,175$3,371
MML INVESTORS SERVICES, LLC71,174$3,371
GREAT WEST LIFE ASSURANCE CO /CAN/69,727$3
AMERIPRISE FINANCIAL INC67,014$3,145
Quinn Opportunity Partners LLC66,500$3,149
BESSEMER GROUP INC63,574$3
US BANCORP \DE\59,315$2,809
AQR CAPITAL MANAGEMENT LLC56,254$2,664
Swiss National Bank55,300$2,619
Toroso Investments, LLC52,939$2,507
PRUDENTIAL FINANCIAL INC50,337$2,384
Engineers Gate Manager LP49,446$2,342
SEGALL BRYANT & HAMILL, LLC47,234$2,237
HSBC HOLDINGS PLC45,089$2,135
BARCLAYS PLC44,435$2,104
WEDGE CAPITAL MANAGEMENT L L P/NC43,022$2,038
NOMURA ASSET MANAGEMENT CO LTD42,320$2,004
Y-Intercept (Hong Kong) Ltd41,873$1,983
NEW YORK STATE TEACHERS RETIREMENT SYSTEM41,694$2
FRANKLIN RESOURCES INC39,514$1,871
Asset Management One Co., Ltd.39,425$1,965
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO38,614$1,829
CITIGROUP INC37,310$1,767
CSM Advisors, LLC36,718$2
ALLIANCEBERNSTEIN L.P.36,551$1,731
MACQUARIE GROUP LTD36,036$1,707
EXCHANGE TRADED CONCEPTS, LLC34,582$1,638
BALYASNY ASSET MANAGEMENT L.P.32,689$1,548
Cresset Asset Management, LLC31,320$1,543
WELLS FARGO & COMPANY/MN31,161$1,476
Sumitomo Mitsui Trust Holdings, Inc.31,062$1,471
DEUTSCHE BANK AG\30,531$1,446
MARTINGALE ASSET MANAGEMENT L P29,524$1,398
State of Alaska, Department of Revenue29,483$1
PRICE T ROWE ASSOCIATES INC /MD/29,035$1
Universal- Beteiligungs- und Servicegesellschaft mbH27,954$1,324
LPL Financial LLC27,705$1,312
CAPITAL FUND MANAGEMENT S.A.27,406$1,298
DARK FOREST CAPITAL MANAGEMENT LP26,679$1,264
Allianz Asset Management GmbH26,674$1,263
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM26,129$1,237
MACKENZIE FINANCIAL CORP25,827$1,284
Sunbelt Securities, Inc.25,760$1,220
MARSHALL WACE, LLP25,431$1,204
SG Americas Securities, LLC24,928$1
COMMONWEALTH EQUITY SERVICES, LLC24,013$1,137
Penserra Capital Management LLC23,780$1
MANUFACTURERS LIFE INSURANCE COMPANY, THE22,146$1,049
Cetera Investment Advisers22,126$1,048
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.21,410$1,059
Summit Global Investments21,349$1
TrueMark Investments, LLC20,743$982
SUSQUEHANNA INTERNATIONAL GROUP, LLP20,275$960
AMERICAN CENTURY COMPANIES INC20,121$953
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.20,071$951
Black Swift Group, LLC18,835$561
JANE STREET GROUP, LLC18,601$881
NISA INVESTMENT ADVISORS, LLC18,417$909
OMERS ADMINISTRATION Corp16,700$791
BANK OF AMERICA CORP /DE/16,693$791
INTECH INVESTMENT MANAGEMENT LLC16,627$787
MetLife Investment Management, LLC16,421$778
Brookwood Investment Group LLC16,385$776
Amundi16,330$773
BNP Paribas Investment Partners S.A.16,087$1
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS15,957$756
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP15,316$725
Zurcher Kantonalbank (Zurich Cantonalbank)14,851$703
UBS Group AG14,775$700
Illinois Municipal Retirement Fund14,359$680
190 other institutions621,234$24,822
Total (290 institutions)19,412,239$888,949